M&A Deal Summary

Trinseo Acquires Arkema - PMMA Business

On December 14, 2020, Trinseo acquired chemicals company Arkema - PMMA Business from Arkema for 1.1B EUR

Acquisition Highlights
  • This is Trinseo’s 1st transaction in the Chemicals sector.
  • This is Trinseo’s 0th largest (disclosed) transaction.
  • This is Trinseo’s 1st transaction in France.

M&A Deal Summary

Date 2020-12-14
Target Arkema - PMMA Business
Sector Chemicals
Buyer(s) Trinseo
Sellers(s) Arkema
Deal Type Divestiture
Deal Value 1.1B EUR

Target

Arkema - PMMA Business

Colombes, France
Arkema's PMMA Business comprises of products and established brand names such as Plexiglas in the Americas, Altuglas, Solarkote, and Oroglas, a significant amount of technical services and niche applications, strong long-term customer relationships, and targeted growth in its primary market segments through customer intimacy, innovation, and technical service. Arkema's PMMA Business is based in Colombes, France.

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Buyer(S) 1

Buyer

Trinseo

Wayne, Pennsylvania, United States

Category Company
Founded 2015
Sector Plastics
Employees3,100
Revenue 3.7B USD (2023)
DESCRIPTION

Trinseo is a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart, and sustainably focused manner by combining its premier expertise, forward-looking innovations, and best-in-class materials to unlock value for companies and consumers. From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility. Trinseo was founded in 2015 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 2 of 4
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
Country (France) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-15 API

Mussolente, Italy

API S.p.A (Applicazioni Plastiche Industriali) is a provider in the production of thermoplastic elastomeric compounds and bioplastics. API S.p.A (Applicazioni Plastiche Industriali) was established in 1956 and is headquartered in Mussolente, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-19 Aristech Surfaces

Florence, Kentucky, United States

Aristech Surfaces is a manufacturer and global provider of polymethyl methacrylates (PMMA) continuous cast and solid surface sheets, serving the wellness, architectural, transportation, and industrial markets. Aristech Surfaces was founded in 1969 and is based in Florence, Kentucky.

Buy -

Seller(S) 1

SELLER

Arkema

Colombes, France

Category Company
Founded 2003
Sector Chemicals
Employees21,100
Revenue 9.5B EUR (2023)
DESCRIPTION

Arkema is a chemical producer company. Arkema organized its activities into 3 complementary business segments: High Performance Materials: Technical polymers (Specialty polyamides and Fluoropolymers), Filtration and Adsorption (CECA), Organic Peroxydes, Specialty Adhesives (Bostik). Industrial Specialties: Thiochemicals, Fluorochemicals, PMMA (Altuglas International), Hydrogen Peroxides. Coating Solutions: Acrylics, Coating resins, Photocure resins (Sartomer) Rheology Additives (Coatex). Arkema was founded in 2003 and is based in Colombes, France.


DEAL STATS #
Overall 5 of 7
Sector (Chemicals) 4 of 4
Type (Divestiture) 5 of 7
Country (France) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Colorado Photopolymer Solutions

Boulder, Colorado, United States

Colorado Photopolymer Solutions (CPS) develops and markets a range of value-added, formulated photopolymer resin solutions for energy curing technology, especially for 3D printing markets. CPS has developed and commercialized a wide range of new technologies and applications. Its mission is to provide high-quality materials and technology development in all areas of photopolymerization. Colorado Photopolymer Solutions was formed in 2005 and is based in Boulder, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Adaptive3D Technologies

Dallas, Texas, United States

Adaptive3D Technologies is a provider of photopolymer elastomers. Its products enable volume end-use parts production via additive manufacturing of odorless, tough, strain-tolerant, tear-resistant, and biocompatible rubbers and rubber-like materials. Adaptive3D Technologies is based in Dallas, Texas.

Sell -